Tag: banks

Banks in Egypt post EGP 212.58bn net profits 9M 2023: CBE

The Central Bank of Egypt (CBE) announced that banks operating in the…

Hossam Mounir Hossam Mounir

Major global central banks keep interest rates unchanged, CBE decision next Thursday in focus

Market indicates that CBE’s meeting will come with no surprises as inflation…

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Six banks collaborate on EGP 2bn financing for Abd El Salam El Feky & Partners

Led by the Export Development Bank of Egypt (EBank), a consortium of…

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EGP 3.671trn increase in total financial position of banks in 2022/23: CBE

Total financial position of banks operating in Egypt rises to EGP 13.798trn…

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Banks in Egypt improve accessibility for people with disabilities

Banks implement CBE’s instructions of September 2021 to facilitate access of this…

Shaimaa Raafat Shaimaa Raafat

Banks provide EGP 4bn in indirect financing for Decent Life initiative in six months

The Central Bank of Egypt (CBE) reported that banks operating in the…

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Several banks to increase their loan offerings, provide non-traditional financing: Local Development Minister

‘Mashrouak’ programme offers EGP 26.8bn finance to 206k projects until July 2023:…

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Total financial position of banks in Egypt increases to EGP 12.970trn in 1Q 2023: CBE

The Central Bank of Egypt (CBE) has revealed that the total financial…

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House of Representatives approves draft law related to establishment of banks

The House of Representatives has approved a draft law submitted by the…

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Banks offer EGP 57bn within mortgage finance initiative for low-income people in May 2023

NBE takes lead, offering EGP 16bn mortgage finance to 137,079 clients

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